Ohio’s minimum wage will increase Tuesday, New Year’s Day. The new minimum wage will be $7.85 per hour, an increase of 15 cents an hour.
Ohioans passed a constitutional amendment in 2006 mandating the minimum wage be raised at the rate of inflation each January.
According to the research group Policy Matters Ohio, 215,000 Ohioans will get a raise as a result of the increased minimum wage. It’s also estimated that consumer spending is expected to increase by $43 million as a result.
The website www.policymattersohio.org said: “Ohio is joined by nine states — Arizona, Colorado, Florida, Missouri, Montana, Oregon, Rhode Island, Vermont and Washington — that will also raise state minimum wage rates on New Year’s Day, boosting wages for nearly one million workers nationwide. In total, the minimum wage increases taking effect in all 10 states on Jan. 1 will generate over $183 million in new economic activity and create the equivalent of 1,500 new full-time jobs.”
The minimum wage for tipped employees will also rise. The new minimum wage will be $3.93 per hour, plus tips.
According to the Ohio Department of Commerce, tipped employees include workers regularly receive more than $30 per month in tips.
For more information, visit www.com.ohio.gov.